Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Electric vehicle company collapses and many jobs are at risk
Electric vehicle company BossCap has been placed into receivership, leaving more than 100 jobs at risk. The Brisbane -based company suspended all its operations on Thursday, saying it was out of their control. 'A sudden change in global production…
Citigroup initiates coverage on this electric vehicle manufacturer with a rare buy rating
Shares of Lucid are off more than 98% from their 2021 all-time highs. Citi thinks it's time to buy the stock. The bank initiated coverage on the electric vehicle manufacturer with a buy rating and a $17 price target, representing a nearly 71% gain…
Are car firms REALLY selling enough EVs to hit Labour's green targets?
Just two best-selling car makers hit the Government's binding electric vehicle sales targets in 2024, it has been revealed in the wake of calls for ministers to water down the scheme. The Zero Emission Vehicle (ZEV) mandate was introduced two years…
AutoCanada Shares Slide as Market Headwinds, Internal Overhaul Drag on 4Q Results
Shares fell 19% to 16.30 Canadian dollars. 'Demand was affected by prior-period pull-forward activity,' said Chief Executive Samuel Cochrane, pointing to the sunset of Canadian electric-vehicle tax credits that had benefited the fourth quarter of…
As EV Market Stalls, Battery Makers Shift to Grids and Data Centers
Makers of electric-vehicle batteries are pivoting to make energy storage for data centers and utilities, including the likes of. Battery manufacturers made significant investments in the U.S. in recent years, buoyed by policy support for EVs. That…
Australian researchers develop quantum battery proof-of-concept which uses lasers to charge near-instantly - breakthrough could pave the way for ultra-fast wireless charging for EVs and drones in the future, say researchers
An Australian research team has developed a quantum battery that could be the stepping stone towards a revolution in battery technology. This prototype is only a proof of concept, with a capacity of only a few billion electron volts, which lead…
Mercedes' new era of ultra-luxury electric limousines will be VANS
German car giant Mercedes-Benz has been a favourite brand for chauffeuring execs, celebs and diplomates in style for decades. Typically, it has been one of its super-luxurious saloon models that have been deployed to shuttle A-listers to their…
Why $4 gasoline is the tipping point for EVs
Gasoline prices continue ticking higher as the United States and Israel's war with Iran continues. The national average now stands at $3.84 per gallon, nearly a dollar higher than at the start of the conflict. It's also just shy of a tipping point…
Porsche's Cayenne Electric makes debut in Korea
Porsche Korea unveiled Thursday the all-electric version of its flagship Cayenne premium SUV for the first time here, signaling the carmaker's stronger push into electrification and a deeper alliance with local battery makers. The luxury carmaker…
All the wrong EVs are getting canceled
Affordable EVs are getting cut down left and right, while big, expensive ones continue to roam our streets with impunity. Affordable EVs are getting cut down left and right, while big, expensive ones continue to roam our streets with impunity.
Honda joins the billion-dollar EV regret club…$15.7B down the drain - Add in Stellantis ($26B), Ford ($19.5B), & GM ($6B) - A loss of $67B collectively
Honda joins the billion-dollar EV regret club with up to $15.7B down the drain. Add in Stellantis ($26B), Ford ($19.5B), and GM ($6B), and we're talking ~$67B collectively torched because no one wants glorified golf carts. — Larry Behrens…
China presses EV makers to end price war and focus on innovation as demand cools
Chinese authorities have renewed their push for stricter oversight of the electric vehicle (EV) market, urging carmakers to move away from aggressive discounting and focus instead on technological innovation. The directive comes as domestic…
Fears grow over US drug supply's growing dependence on Chinese ingredients
Beijing's global pharmaceutical push is following a playbook seen in rare earths, semiconductors and electric vehicles, US lawmakers said on Wednesday, as concerns grow over the United States' reliance on Chinese drug ingredients. “China is…
New BMW boss calls EU's Made in Europe plan 'dangerous'
The European Union's proposal for a Made in Europe policy under its Industrial Accelerator Act has been heavily criticised by newly-appointed BMW chairman Milan Nedeljković, who's currently in charge of BMW Group's production including…
Chat, should I move to China?' Inside Gen Z's Far East obsession
Reed Adams' interest in China started on Google Maps. 'I really like infrastructure,' said Adams, 20, a part-time travel content creator. 'I would just spend time on Google Maps and see these huge new mega-projects in the Chinese countryside…
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